Evenly matched
18 companies value 531 bn revenue 195 bn margin 11.7% free cash flow 13 bn avg. score 4.6
ENB holds 19.4% of the group's value, 1.2x the runner-up · WMB leads the industry without being the largest
| Rank | Ticker | Company | Share | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ENB | Enbridge Canada · score 5.3 | 19% | 103 bn | 59 bn | 7.3% | 1.2 bn | 1.2% | 5.8% | Oil and gas pipelines and gas distribution in Canada and the US · North America's largest pipeline network; ~30 years of rising dividends | |
| 2 | WMB | Williams Companies United States · score 2.7 | 16% | 86 bn | 12 bn | 25.2% | -0.1 bn | -0.1% | 2.9% | Gas pipelines and natural gas infrastructure · Owner of Transco, the main US gas pipeline; contracted, predictable revenue | |
| 3 | KMI | Kinder Morgan United States · score 6.2 | 14% | 74 bn | 18 bn | 19.3% | 3.2 bn | 4.2% | 3.5% | Gas pipelines, terminals and oil pipelines in North America · Largest US natural gas transporter by volume | |
| 4 | TRP | TC Energy Canada · score 2.2 | 12% | 63 bn | 11 bn | 23.1% | -0.4 bn | -0.6% | 4.0% | Gas pipelines, oil pipelines and power generation in Canada · Owner of critical gas pipelines between Canada and the US | |
| 5 | TRGP | Targa Resources United States · score 5.0 | 12% | 63 bn | 17 bn | 13.5% | 0.7 bn | 1.2% | — | Gathering, processing and export of natural gas and NGLs · Largest gas gatherer and processor in the Permian | |
| 6 | OKE | ONEOK United States · score 5.9 | 11% | 58 bn | 39 bn | 9.3% | 2.9 bn | 5.0% | 4.5% | Gas pipelines, NGL processing and fractionation · Largest US natural gas liquids processor | |
| 7 | PBA | Pembina Pipeline Canada · score 6.5 | 5% | 29 bn | 5.5 bn | 21.8% | 2.4 bn | 8.1% | — | Pipelines, terminals and gas processing in Canada · Pipelines and gas processing in western Canada | |
| 8 | DTM | DT Midstream, Inc. United States · score 6.1 | 2% | 13 bn | 1.3 bn | 35.7% | 0.5 bn | 3.8% | 2.7% | Natural gas pipelines, storage and gathering · Michigan — revenue of $1.3bn | |
| 9 | AM | Antero Midstream Corp United States · score 7.3 | 2% | 9.7 bn | 1.2 bn | 33.9% | 1.0 bn | 9.9% | 4.5% | Gas gathering, compression and processing in Appalachia · Colorado — revenue of $1.2bn | |
| 10 | KNTK | Kinetik Holdings Inc. United States · score 2.5 | 2% | 8.9 bn | 1.9 bn | 10.4% | 0.2 bn | 1.8% | 2.4% | Natural gas gathering and processing in the Permian Basin · Texas — revenue of $1.9bn | |
| 11 | SOBO | South Bow Corp Canada · score 6.0 | 1% | 7.1 bn | 2.0 bn | 21.8% | 0.6 bn | 8.1% | 5.8% | Oil pipelines, spun off from TC Energy · Canada — revenue of $2bn | |
| 12 | AROC | Archrock, Inc. United States · score 6.2 | 1% | 5.2 bn | 1.5 bn | 21.8% | 0.3 bn | 5.7% | 3.0% | Midstream natural gas compression infrastructure · Texas — revenue of $1.5bn | |
| 13 | KGS | Kodiak Gas Services, Inc. United States · score 3.6 | 1% | 4.8 bn | 1.4 bn | 5.8% | 0.0 bn | 0.1% | 3.7% | Contract natural gas compression in US producing regions · Texas — revenue of $1.4bn | |
| 14 | TGS | GAS TRANSPORTER OF THE SOUTH INC Argentina · score 6.5 | 1% | 3.9 bn | 1.1 bn | 24.5% | 0.1 bn | 3.9% | 3.9% | Gas pipelines in southern Argentina and natural gas processing · Argentina — revenue of $1.1bn | |
| 15 | GLP | Global Partners LP United States · score 6.4 | 0% | 1.7 bn | 21 bn | 0.9% | 0.2 bn | 12.0% | — | Terminals and distribution of petroleum products · Fuel terminals and distribution in the US Northeast | |
| 16 | SMC | Summit Midstream Corp United States · score 3.3 | 0% | 0.6 bn | 0.6 bn | 0.0% | 0.0 bn | 7.3% | — | Natural gas and oil gathering and processing · Texas — revenue of $583m | |
| 17 | NGS | NATURAL GAS SERVICES GROUP INC United States · score 1.1 | 0% | 0.4 bn | 0.2 bn | 10.8% | -0.0 bn | -7.8% | 1.5% | Natural gas compressor rental and maintenance · Texas — revenue of $189m | |
| 18 | VIVK | Vivakor, Inc. United States · score 0.9 | — | — | 0.1 bn | -108.9% | -0.0 bn | — | — | Oil midstream: transportation, terminals and marketing · Texas — revenue of $90m |
Other industries in the same sector
- Sector overview
- Integrated oil 5 companies
- Exploration and production (E&P) 51 companies
- National and state oil companies 5 companies
- Refining and marketing 10 companies
- Canadian oil producers 8 companies
- Oilfield services and equipment 27 companies
- Midstream MLPs (partnerships) 10 companies
- LNG and gas exports 11 companies
- Natural gas (E&P) 11 companies
- Oil and land royalties 9 companies
- Uranium and nuclear fuel 17 companies
- Subsea and offshore equipment 3 companies
and 5 industries more
- Offshore drilling 5 companies
- Coal 11 companies
- Fracking and pressure pumping services 13 companies
- Biofuels 14 companies
- Fuel distribution 14 companies
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.